Kelly W. Benton - 13 May 2024 Form 4 Insider Report for SAIA INC (SAIA)

Role
VP & CAO
Signature
/s/ Kelly W Benton
Issuer symbol
SAIA
Transactions as of
13 May 2024
Net transactions value
$0
Form type
4
Filing time
15 May 2024, 16:09:12 UTC
Previous filing
06 May 2024
Next filing
07 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAIA Common Stock Award $0 +992 +38% $0.000000 3,570 13 May 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding SAIA Phantom Stock 100 13 May 2024 Common Stock 100 Direct F2, F3, F4
holding SAIA Stock Options (Right to Buy) 460 13 May 2024 Common Stock 460 $277.86 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted shares granted as part of the long-term incentive program approved by the Compensation Committee. The restricted stock award cliff vests in year three.
F2 The conversion rate of this derivative security on May 13, 2024 is 1.1309 resulting in 113.170 shares of common stock (underlying security in column 7).
F3 Immediate
F4 The shares of phantom stock become payable in the Company's common stock upon reporting person's termination of service as an employee, in accordance with the terms of the Plan.
F5 Stock Options granted as part of the long-term incentive program approved by the Compensation Committee. One-third of the award vests each year on the anniversary of the grant date.